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Timber Engineering Compony lounches Study Of Europeqn Lumber Msrket Possibilities

The United States lumber industry, beset by serious inroads on domestic markets by foreign imports, has undertaken a program to develop its own new markets abroad, according to Mortimer B. Doyle, Chairman of the Board and President of the Timber Engineering Company.

TECO has been designated by leading American producers to measure the potentialities of European markets for American lumber species.

First step of the study will be a detailed analysis of factors influencing the sale of lumber to Europe such as competition, freight rates, tariffs, trade restrictions, currency regulations, economic trends, timber consumption, construction practices, customer needs, grading standards, government regulations, distribution channels, and the influence on these {actors of the European Common Market.

Funds to finance the undertaking have been subscribed in sufficient amount to warrant establishment of a continuing lumber mission in Europe to represent American interestso accirding to Mr. Doyle. Reports developed will be circulated only among firms subscribing to 'oOperation Expolum," which has been selected as a term which properly reflects the purpose: to export lumber.

Details of the program may be obtained by writing to "Opera.

tion Expolum," c/o Timber Engineering Company, Inc.o 1619 Massachusetts Avenue, N.W., Washington 6, D.C.

Redwood Shipments

Redwood shipments in September fell belo* August totals due to the diflerence in the number of working davs. but remained above September, 196I, shipments.

The ll major companies (both members and non-members) which report shipments to the California Redwood Association shipped M,4A6,0OO board feet of redwood in September, compared to 55,271,000 board feet in August. However, there were only 19 working days in September as -against 23 in August. The September 1962 totals amounted to I,560,000 more board feet than were shipped in September, 1961, which had 20 working days.

Production, of course, showed a similar decline. The mills sawed 42,351,000 board feet of lumber in September, compared to 47,227,000 in August and 50,086,000 in September, 1961. New orders amounted to 35,835,000 board feet, couryared to 561411,000 in August and 38,881,000 in Sepember, 1961. Orders on the books dropped eight million board feet to 62,439,000 board feet. Stocks on hand dropped to 380,275,00 board feet. Shipments for the first three quarters of L962 were 431,738,000 board feet, compared to 400,188,000 in the same period of 1961.